PLTR: Considering some analysis to Palantir we can see that this company has a good standing, and also they are getting a lot of contracts. By technical view we can see that the stock is correcting itself now, after many traders were in, and it was expected a drop in price. But in the meantime if we see also with Fibonacci we can see a increase later on this...
Palantir (PLTR) we missed you in action in the last month and a half... I covered what the company does and how in the previous idea I wrote in Nov -link here So Palantir acquired new contracts in the health sector last month and as it seems now – their technology can integrate in any major corporation and improve efficiency dramatically. This means that Palantir...
$PLTR further reinforced its technical strength, with a rally of +11.20%, closing at an all time high level of $36.23 that was previously highlighted two days ago. The intraday trading range of $PLTR exceeded 35%, marking it as the most volatile session for $PLTR since its IPO. This is coupled with 191.35 millions worth of shares traded during the session,...
We might see consolidation but eventually this set up looks extremely bullish. Breakout of a symmetrical triangle, retest and a power move up. Expect the next leg to be equal to the height of the symmetrical triangle we just broke out of. Any dip should be bought.
PLTR formed a perfect bullish pennant breakout last friday price close! More upside possible, watch price action closely on previous ATH. Not financial advice.
Updated from Jan.8 idea:
The MACD and Squeeze Momentum are about to have a reverse on the daily chart, it's also being hold by EMA in multiple chart time frame. Next week it might be breakout after a long consolidate. NYSE:PLTR
A stock I truly love right now and am expecting a leg up within the next week or two is Palantir, $PLTR - As we can see on the daily, we have a nice consolidation of price after a recent leg up.... Price is currently now wedging while RSI is selling off AKA setting this stock up to FLY.... The larger the base (of consolidation) the larger the jump (price) Love...
Palintir looks good. PG&E Contract is a huge plus.
Palantir currently looks eerily similar to Bitcoin before the last breakout. Major catalysts coming, this can only but play out. Where are we on the BTC chart? What are your thoughts? Long, PT 60 March
As we can see a range 25 novmenber. now we can expect a uper trend line test and then support test before bounce.
See related ideas 👀🚀🚀🚀 I’m only posting this so you can see my trend lines and analysis on the daily chart which makes the intraday trading within the pennant more clear 🚀
I did not expect the red day on Friday. But my theory stands. I’m even more confident about this move. There was a gap up due to hype from Cathie Wood buying, but the bears in the pennant pushed it back. PLTR is still consolidating and building pressure within the pennant and I expect a breakout to the upside next week. Side note: there is LOTS of open interest...
This is a classic bullish pennant. Today the price dropped to the low end... I was planning on buy a call option tomorrow morning around $30 strike. With PLTR in the red, the options would be even cheaper making me a genius ;) Unfortunately for me, the queen Catherine Woods bought PLTR after hours, and the price is just about to hit the top end of the pennant...
Bull Target $48 - $50 & Bear Target $18.31
Bullish Flag pattern Target $29-$30